Fair Value Measurements (Tables)

3 Months Ended

Aug. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Instruments Measured on a Recurring Basis

These financial instruments measured at fair value on a recurring basis are summarized below: 

	As of August 31, 2021
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	79,749	$	—	$	—	$	79,749
Other assets, net:
Interest rate lock agreements	—		18,335		—		18,335
Total assets at fair value	$	79,749	$	18,335	$	—	$	98,084
Current accrued liabilities:
Interest rate lock agreements	$	—	$	88,736	$	—	$	88,736
Total liabilities at fair value	$	—	$	88,736	$	—	$	88,736

	As of May 31, 2021
(In thousands)	Level 1		Level 2		Level 3		Fair Value
Cash and cash equivalents	$	493,640	$	—	$	—	$	493,640
Other assets, net:
Interest rate lock agreements	—		40,400		—		40,400
Total assets at fair value	$	493,640	$	40,400	$	—	$	534,040
Long-term accrued liabilities:
Interest rate lock agreements	$	—	$	61,567	$	—	$	61,567
Total liabilities at fair value	$	—	$	61,567	$	—	$	61,567